This paper looks at the process called Electronic Data Interchange, arguing its efficiency for a company.
Written in 2002; 885 words; 20 sources; MLA; $ 31.95
Paper Summary:
The paper first defines documentation flow, which is simply the paperwork that accompanies the flow of physical product in a business or business transaction. This paper examines the different elements of that process and looks at recent developments within it. The writer then introduces EDI and gives examples of companies that have substantially increased efficiency through the use of this system.
From the Paper:
"One of the most important challenges for EDI in the near future is to reconcile the needs and capacities of small and large firms. Until recently, electronic data interchange systems for business-to-business commerce were a luxury only Fortune 1,000 companies could afford. Although EDI makes ordering, billing, and paying for goods and services via private electronic networks fast and dependable, it is expensive to set up and maintain, putting it out of reach for many smaller trading partners (Dunn and Mitchell, 1998)."
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